FatTony,

Here’s an article about the price of units- there’s been some fall in some areas, but it seems like the “end of the boom (as Costello has officially called it), rather than an absolute “crash”.

http://smh.com.au/articles/2004/05/06/1083635285152.html

A question would be “how do you define a crash?”. Is it a blah % decrease in blah % of…[Read more]

That’s a bit harsh Jo.

AusProp, interesting that you’ve mentioneed this. It’s note *merely* the demographic that has changed (although it has with an ageing population, so that has changed too). I also think the shift to apartment living and less emphasis on the 1/4 acre block style of living, will really have some influence on the market. There…[Read more]

Rags, you could put down 100k deposit but that doesn’t mean your property would be pozz geared at 40% return. What you’ve described is “cash on cash return” which is an arbitrary measure of nothing in my book, because one could put down any level of deposit- you could pay 100% of the property and receive no taxable benefits at all, but most of us…[Read more]

Being really basic here… LifeX, from what you were saying, it sounds like you feel neg gearing provides no income! If the point (for me) is to pay off my props over my lifetime (using, for example, rents, long service leave pay, supperannuation), then I will be earning rents too in my retirement- why sell? So if your 15 CF+ props give you (for…[Read more]

Emzy- don;t gt me wrong. I don;t buy RE thinking “wonder how appallingly this one will do in rental return. Oops too high a yield- better not buy it” hehe. I guess I am just saying, it is “wise” in my opinion, to look at CG for *any* property we buy. Not *just* rental yield. For those who are seriously into CF+, I am sure they’ve also been hoping…[Read more]

There’s not hate that I can see, CD. Idon’t actually feel hate ever – it’s not constructive.

CD said:

“If Mark wants to sign his thread as he does that’s great”

Yes, that’s what We’ve ALL been saying…

kay henry

No thank you.

And you ARE advertising. Your constant reference to god is an advertisement. As everyone said, you can advertise as you like, as long as you keep it at the bottom of your posts- like the spotters do. That’s the advertising rule on this Forum.

Jo here, aka Monopoly, asked a question, and some of us respnded to it, Marc. Had I have…[Read more]

Marc,

We’re not here to give you “permission” on how you end off your posts- why ask us for it? we’re just a bunch of posters like you are. As for me, I don’t care whether you have god under your name or the devil- they both have about the same level of interest to me. But it’s fairly obvious that
*you* need to advertise- I don’t think anyone…[Read more]

Yes, scanning the obituaries is a charming way of finding properties. Ring the bereaved and cut the small talk. Just say, “Hello Mrs Blah? I hear your husband died. Must be lonely living there for you now. Tell you what- I’ll buy the house from you and help you out… What’s that? Oh, cut the crocodile tears, will you? This will be win/win for…[Read more]

mcwong- fair enough question, I reckon :o) Asking how one fills in the gap of neg gearing if one loses one’s job… well, it depends on if you feel like investing is about using your own moey, or reying on other people’s… If I lose my job, mc, then I would get another one! If I got run over by a bus, then I would be dead. I am not meaning to be…[Read more]

Jo,

It all depends on a number of things. I know you have mentioned that the price of the CF+ is less, but how much less? How expensive is the CG property? How many repairs (if any) would the CF+ property require?

I do know I like the less stamp duty costs of cheaper properties, plus the smaller interest. I wa recently about to purchase a growth…[Read more]

AusProp, my friend… you said:

“most people are on this website as they want to obtain this sort of wealth.”

Glad you said “most”. :o)

Personally, I have no interest in that amount of money. I will be pleased with whatever happens in my life and whatever I have. It’s fun to be zen [goatee]

You know, Props… what I would do if I had heaps and…[Read more]

hehe Monopoly

If you read some of my other posts on being an investor, you’d probably know that my post was slightly ironic. I am not hugely phased by any of the taxation or IR rate changes we all have to face. It’s just all part of the landscape of being an investor.

Having said that- who only owes 100k? If you imagine a 1% IR increase (we’ve…[Read more]

Marc,

You can continue to use whatever signature you wish. Some people sign with a business link, or other advertisement. People are free to use any signature.

kay henry

Thanks Simon for posting that It was pretty obvious they weren’t gonna change this month. time for us to start panicking about june now

kay henry

westan,

There are blatant advertisements all over the place on here- it just depends on which forum member posts them…

My problem with 1HotValuer’s post was that I am wondering what authority he is allowed to “sell” such information. I have never heard of such a thing. I think it’s an integirty issue.

1HotValuer- what is the authority you…[Read more]

SamnGav,

You are living your own life and creating your own conditions. Steve McKnight bought property some time ago, before CF+ property was as fashionable as it is now. It might be wiser to develop your own plan, instread of attempting to replicate someone else’s success under different RE conditions.

Samngav, if you buy well enough, you can…[Read more]

Celivia,

You are lovely. Don’t ever change.

kay henry

Pisces- no problem re the communication. I think the problem with pre-reno’s is that it depends on where it is. If it’s in sydney, for example, people often buy the house for land value anyway. I guess it all depends on how much the reno will cost too- there’s always the danger of overcapitalising. And some people like to buy unrenovated because…[Read more]

residential,

When you ask questions about RE, people don;t say “who cares?” Interest rates have, in the past, been 17%. Would your investment still be positive at such IR’s? Well, possibly, if you put your rent up every time there’s an IP rise…

I am not sure why you answer a leigitimate query someone has on here with “who cares”.

kay henry